Approximately 120 million Americans have received their EMV chip card.

600 million Americans will have their EMV cards by the end of 2015

59% of retail locations will be EMV-compliant by the end of 2015

78,800 Current number of EMV chip-activated merchant locations

40% of US. debit cards will be issued as EMV cards by the end of 2015

86% of financial institutions plan on issuing EMV cards in the next two years

$3.50 is the average cost for issuing a new EMV card

$500 is the average cost of an EMV-compliant point-of-sale terminal

No more magnetic stripes: Magnetic stripes contain unchanging data; EMV cards create a unique transaction code during every separate transaction, this is called dynamic data and is nearly impossible to reproduce.

No more swiping, it’s called “dipping”. To dip, insert card in card slot and leave the card in slot until the transaction is finalized.

A faster way than dipping is “tapping”. Any NFC-equipped card can simply function by tapping the card on the terminal surface.

If you have any questions or doubts on the EMV transition or questions about our products, please visit our website: www.cim-usa.com